Federal Reserve officials were unanimous in raising interest rates last month, and most expected to do it again before the end of the year, according to new Fed meeting minutes.
Higher interest rates aren't just hitting consumers' wallets. They're also taking a toll on some major consumer stocks.
Recent options activity points to bullish positioning for long-term bonds and utilities.
Investors would be best served by driving straight into this headwind, knowing it will eventually reverse course.
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